Cascade Angels Fund Raised $725,000, 58% increase over 2014
Investors in the 2015 Fund include Oregon Growth Board, Craft 3, CEOs, founders, entrepreneurs, and previous investors pleased with fund’s direction
BEND, OR – Cascade Angels Fund 2015, LLC announced today the Fund has closed with $725,000 in investments. A 58% increase over the 2014 Fund. The 2015 Fund is the second fund managed by Harrelson Group.
“With investment from Oregon Growth Board, Craft3, entrepreneurs and business leaders, as well as CEOs and founders who have had successful exits, Cascade Angels is gaining momentum,” said Julie Harrelson, CEO of Harrelson Group, which serves as the Fund Manager for Cascade Angels. “Current plans are to begin investing Oregon companies immediately in order to fund these early efforts.
Julie Harrelson credited the Fund’s success on the combination of collaboration, desire for local capital, and support by specific organizations and individuals in a presentation she recently gave at the national Angel Capital Association Summit in San Diego. The mission of Cascade Angels Fund is to create opportunities for investors and businesses in and with connections to Central Oregon to drive economic growth and fuel prosperity.
Cascade Angels Fund is sponsored by Bank of the Cascades, Jones & Roth, Karnopp Petersen LLP, and Harrelson Group.